Inflation rose at a 4% annual rate in May, the lowest in 2 years
The consumer price index was expected to rise 0.1% in May, according to the Dow Jones consensus estimate.
Actor Treat Williams dies at 71 after motorcycle accident
The actor’s work spanned stage, film and television, from the Broadway production “Grease” to the film “Hair” and the series “Everwood.”
‘Wheel of Fortune’ host Pat Sajak announces he will retire next year
“It’s been a wonderful ride, and I’ll have more to say in the coming months,” the veteran game show host tweeted.
Amazon is using generative A.I. to summarize product reviews
A new feature provides users with an overview of what shoppers like and dislike about a product they purchased
One million people have lost Medicaid coverage since pandemic protections expired
Many people losing coverage are likely still eligible for Medicaid but did not receive or complete the required paperwork.
FTC files to block Microsoft-Activision as deadline approaches
The FTC on Monday filed a temporary restraining order and preliminary injunction seeking to block Microsoft’s proposed acquisition of Activision Blizzard.
Apple hits record high one week after announcing Vision Pro VR headset
Apple stock rose over 1.5% Monday to close at $183.79 per share, which is the all-time-high share price for the company.
Oracle beats on top and bottom lines as cloud revenue jumps
Oracle’s cloud infrastructure revenue growth accelerated in the fiscal fourth quarter, and the company sees revenue faster growth than expected.
Tornado alley is widening, putting millions more people and properties at risk
Tornado alley is expanding due to a warmer climate.
The history of cyclical bull markets suggests the S&P 500 could rise to 4,900 by next summer
Investors piled into the benchmark after its climb above 4,200 set off what Bank of America called a “FOMO (fear of missing out) rally.”
